Curve founder pitches market-based fix for $700K bad debt in contrast to Aave bailout

Neutral-10.01%
27 Apr, 16:38
Source: CoinDesk

AI Summary

Curve founder proposes a market-based solution for $700K bad debt allowing lenders to sell tokenized claims on deposits, contrasting with Aave's bailout approach.

The plan allows trapped lenders to sell tokenized claims on deposits, offering buyers an option-like bet on CRV's recovery.